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Tesla Revs Up Earnings, But Will It Stall?

TheMotleyFool

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Tesla Revs Up Earnings, But Will It Stall?

Last week, Tesla (NASDAQ: TSLA) reported a profit for the third quarter on Oct. 23, surprising analysts. The electric car maker reported adjusted earnings per share of $1.86, compared to the second-quarter loss of $1.12 per share.

Co-founder and CEO Elon Musk tweeted his take on the results:

Tesla Q3 results:

- Shanghai Giga ahead of schedule
- Model Y ahead of schedule
- Solar installs +48% from Q2
- GAAP profitable
- Positive free cash flow

Source Fool.com

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